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Bain gathers $9.4 bln for new buyout fund: Bloomberg

Bain Capital
has raised $9.4 billion for its next North American buyout fund in about five months, Bloomberg is reporting. Bain has surpassed its $7 billion target for the pool and has hit its $8 billion hard cap. Bain employees contributed $1.4 billion, or 15 percent, Bloomberg said.